India may be grappling with the second wave of the coronavirus, rising unemployment, and a dwindling economy, but the South Asian nation’s burgeoning startup ecosystem has never had it better. High-profile investors in India have long aggressively chased growth-stage, and late-stage deals, pouring record amounts of capital into the country. But in a sign of […]
Tekie Raises $1.5 Million from GSV, Multiply Ventures and Better Capital adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Scenes by Avalon, which hosts voice (and chat) communities, will use the funding to further the startup's product development and growth of the platform.
EdTech startup, Tekie, has raised $1.5 million in seed funding co-led by Silicon Valley-based GSV Ventures and Multiply Ventures, an early-to-growth stage fund by former e-commerce executives from Myntra, Paytm, Flipkart, and Alibaba. Better Capital has also participated in the round. Tekie plans to focus on expanding their product offerings and explore new revenue models. They have recently launched their B2B offering where they partner with schools to enable coding in their curriculum. NEP2020 has mandated schools to offer coding as a subject from class 6 onwards as part of 21st century skills. Siddharth Sharma, Pro-Vice Chairman of Delhi Public School, Ujjain commented, This is the first seed investment in India by GSV, a woman-led, multi-stage venture capital firm focused on the $7 trillion-plus education technology sector across Pre-K to Gray whose portfolio companies include Coursera, which recently went public, Masterclass, and Outlier .
[Funding alert] Extracurricular learning platform Spark Studio raises seed round from Better Capital yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.